On 6 December, the 2nd Innovation Day Ljubljana took place at the Grand Hotel Union, organised by SRIP Factories of the Future (FoF) together with the Jožef Stefan Institute and EIT Manufacturing. The event was a traditional follow-up to last year's event dedicated to robotics and manufacturing, but this time the focus was on materials, which play a very important role in the global world and are key for European industry. The focus was on the presentation of research and development achievements and the design and production of advanced functional materials, with an emphasis on rare earth-based permanent magnets, which are particularly important for e-mobility, aerospace and clean energy conversion. The audience was addressed by the Director of the Jožef Stefan Institute, Prof. Dr Boštjan Zalar. Among other things, the results of the EIT Manufacturing Innovation Project aProMag, coordinated by the Jožef Stefan Institute, Prof. Spomenka Kobe, were presented. The whole event, which perfectly summed up the achievements of Slovenian science and industry, was chaired by the Director of SRIP FoF, Assoc. Prof. Igor Kovač.